OHKEY: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
OHKEY
Largest movements
- Tangible fixed assets +€94,892
up €94,892 (+127%), from €74,474 to €169,365
of which Land and buildings: +€105,341
- Cash -€22,237
down €22,237 (-53.0%), from €41,945 to €19,709
mainly Investment in fixed assets (net) (-€111,040) and Other debts (-€28,709)
- Receivables within one year -€18,284
down €18,284 (-86.1%), from €21,226 to €2,942
of which Trade receivables: -€19,563
- Debts after one year +€90,968
up €90,968 (+154%), from €59,098 to €150,066
- Other debts -€28,709
down €28,709 (-61.7%), from €46,563 to €17,854
- Profit (loss) carried forward -€8,308
down €8,308, from €28 to -€8,280
- Tax, wage and social debts -€6,845
down €6,845 (-56.9%), from €12,033 to €5,188
of which Remuneration and social security: -€4,999
- Current portion of long-term debt +€6,069
up €6,069 (+62.5%), from €9,714 to €15,783
- Other operating charges +€14,705
up €14,705 (+625%), from €2,354 to €17,059
- Gross operating margin +€8,269
up €8,269 (+16.6%), from €49,819 to €58,088
- Financial charges +€2,039
up €2,039 (+68.4%), from €2,982 to €5,021
- Depreciation +€1,697
up €1,697 (+11.3%), from €15,049 to €16,746
- Taxes -€1,558
down €1,558 (-82.5%), from €1,888 to €330
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,252 | €192,901 | +€52,650 | +37.5% |
| Fixed assets | 21/28 | €75,572 | €169,866 | +€94,294 | +125% |
| Intangible fixed assets | 21 | €735 | €138 | -€597 | -81.3% |
| Tangible fixed assets | 22/27 | €74,474 | €169,365 | +€94,892 | +127% |
| Land and buildings | 22 | €39,600 | €144,941 | +€105,341 | +266% |
| Furniture and vehicles | 24 | €34,874 | €24,425 | -€10,449 | -30.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €64,680 | €23,035 | -€41,645 | -64.4% |
| Amounts receivable within one year | 40/41 | €21,226 | €2,942 | -€18,284 | -86.1% |
| Trade receivables | 40 | €20,615 | €1,052 | -€19,563 | -94.9% |
| Other amounts receivable | 41 | €611 | €1,890 | +€1,279 | +209% |
| Cash at bank and in hand | 54/58 | €41,945 | €19,709 | -€22,237 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,509 | €384 | -€1,125 | -74.5% |
| Total equity and liabilities | 10/49 | €140,252 | €192,901 | +€52,650 | +37.5% |
| Equity | 10/15 | €6,228 | -€2,080 | -€8,308 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28 | -€8,280 | -€8,308 | |
| Amounts payable | 17/49 | €134,024 | €194,982 | +€60,958 | +45.5% |
| Amounts payable after more than one year | 17 | €59,098 | €150,066 | +€90,968 | +154% |
| Financial debts | 170/4 | €59,098 | €150,066 | +€90,968 | +154% |
| Amounts payable within one year | 42/48 | €74,926 | €44,916 | -€30,010 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €9,714 | €15,783 | +€6,069 | +62.5% |
| Trade debts | 44 | €6,616 | €3,950 | -€2,666 | -40.3% |
| Suppliers | 440/4 | €6,616 | €3,950 | -€2,666 | -40.3% |
| Advances received on contracts in progress | 46 | - | €2,140 | +€2,140 | |
| Taxes, remuneration and social security | 45 | €12,033 | €5,188 | -€6,845 | -56.9% |
| Taxes | 450/3 | €3,390 | €1,544 | -€1,847 | -54.5% |
| Remuneration and social security | 454/9 | €8,643 | €3,644 | -€4,999 | -57.8% |
| Other amounts payable | 47/48 | €46,563 | €17,854 | -€28,709 | -61.7% |
| Remuneration, social security and pensions | 62 | €27,570 | €27,240 | -€330 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,049 | €16,746 | +€1,697 | +11.3% |
| Other operating charges | 640/8 | €2,354 | €17,059 | +€14,705 | +625% |
| Gross operating margin | 9900 | €49,819 | €58,088 | +€8,269 | +16.6% |
| Operating profit (loss) | 9901 | €4,846 | -€2,957 | -€7,803 | |
| Financial income | 75/76B | €381 | - | -€381 | |
| Recurring financial income | 75 | €381 | - | -€381 | |
| Financial charges | 65/66B | €2,982 | €5,021 | +€2,039 | +68.4% |
| Recurring financial charges | 65 | €2,982 | €5,021 | +€2,039 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €2,245 | -€7,978 | -€10,223 | |
| Income taxes | 67/77 | €1,888 | €330 | -€1,558 | -82.5% |
| Profit (loss) for the period | 9904 | €357 | -€8,308 | -€8,665 | |
| Profit (loss) for the period to be appropriated | 9905 | €357 | -€8,308 | -€8,665 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.